$ETH Price has already broken above the descending trendline, but the volume remains low, which is not yet convincing. My preference is to see at least one more high in wave-B. Only a decisive break above $3,658 would suggest that a meaningful low has been formed.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ETH Price has already broken above the descending trendline, but the volume remains low, which is not yet convincing. My preference is to see at least one more high in wave-B. Only a decisive break above $3,658 would suggest that a meaningful low has been formed.